New Braunfels Property Management

Let Us Manage Your New Braunfels Rental Property

We offer a full range of property management services tailored to you as an investor, homeowner, or landlord.
We have an extensive portfolio of single family homes, townhouses and condos in the San Antonio area.

What we do as your New Braunfels property manager:

Fill vacancies

Advertise your rental

Handle tenant inquiries

Background and credit investigations

Application processing

Lease signing

Full service repair

Rent collection

Accounting

Coordinate Evictions

Inquire About Our Services

Property Evaluation

We can help you determine your property’s status in the marketplace and recommend a fair market rental value.
We will also provide a list of recommend repairs so that your property will comply with state and federal
requirements. We will help you receive the maximum rent while minimizing your liability exposure.

Marketing

GRG will present your property to the widest market possible. GRG will advertise by utilizing a yard sign,
the internet, GRG websites, and we will work with other Realtors in the area. Our greatest marketing tool is
our referral base of hundreds of satisfied owners and tenants.

Screening

GRG thoroughly screens applicants with regard to their ability to pay the rent. GRG will check employment,
credit, criminal background, and rental history. Each applicant and occupant 18 years of age and older must
complete a Texas Association of Realtors Residential Lease Application.

Leasing

As a member of the Texas Association of Realtors, GRG will use their leasing forms and addendums. These
forms and addendum provide you with the maximum protection if a dispute should arise.

Move in / Move Out Inspections

Tenants are required to inspect the property and complete a Residential Lease Inventory and Condition Form
upon move in. The property is inspected upon move-out and the two forms are compared. These inspections help
ensure the proper deductions, above normal wear and tear, will be deducted from their deposit.

Deposits

Tenants are required to pay a Security Deposit on or before the execution of the lease. The amount of the Security
Deposit will vary depending on the amount of the rent and type of property. At a property where pets are allowed
(Note: each owner will determine if pets are allowed or not, and if Pets are allowed what kind of pets) a Pet
Addendum is used and an additional deposit, as well as a one-time non-refundable payment, may be required.

Rent Collection

Rent is due on the 1st of the month and considered late on the 3rd of the month. Our rent collection procedures are fair but firm.
In the event eviction is necessary, GRG will handle all aspects of the eviction process.

Maintenance

GRG handles maintenance and emergency repairs. When your property requires maintenance or repairs, GRG uses independent
contractors that have been checked out by our management staff. Over time, GRG has found some of the best contractors in
the workforce. Most of these contractors have provided service to our owners for many years.

Insurance

In addition to your Fire and Extended Coverage Insurance Policy, GRG requires that you maintain an "Owners,
Landlord and Tenant Liability Policy". This coverage will help protect all involved against a wide range of loss.

Accounting /Owner Statements

You will receive a monthly accounting of all income and expenses, and a year-end statement along with a Form 1099.

Equal Housing / Fair Housing

GRG will adhere strictly to the US Department of HUD Federal Fair Housing Code and the National Association of Realtors Code for Equal Opportunity.

Broker’s Fee’s

The following fees apply when GRG manages your home, to wit:

Management Fees: Each month the Owner will pay the Broker 10% of the gross monthly rent collected each month.

Leasing Fees for New Tenancies: Each time the Property is leased to a new tenant, Owner will pay 50% of one full month’s rent to be paid under the lease.

Reserves: Upon Execution of this agreement, Owner will deposit the following amount with the Broker to be held in a trust account as a reserve for the owner: $500.00. The funds that are held in your Reserve funds are mainly for repairs when needed.

Property Review Fee’s - Interim Review’s

Initial review is paramount!!! This provides you with the entire property condition with documentation. On average GRG will take about 100 photos of a property to ensure proper coverage of the unit and its surroundings. A detailed report is then sent to you for your file. Any additional photos are also provided for back up in the event of a problem later down the road. These reviews will be performed by Property Management Inspection Services; LLC The cost for the service is approximate $85 per review. They will be performing the review and will put the review report together. The billing comes from PMIS and GRG will pay this fee from your Reserve Funds.

New Braunfels Area Info

New Braunfels is a city in Comal and Guadalupe counties in the U.S. state of Texas. It is the seat of Comal County and is a principal city of the San Antonio–New Braunfels metropolitan statistical area. The city's population was 57,740 at the 2010 census, with an estimated population of 70,543 in 2015. Source From Wikipedia

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